FREE BOOKS

Author's List




PREV.   NEXT  
|<   1264   1265   1266   1267   1268   1269   1270   1271   1272   1273   1274   1275   1276   1277   1278   1279   1280   1281   1282   1283   1284   1285   1286   1287   1288  
1289   1290   1291   1292   1293   1294   1295   1296   1297   1298   1299   1300   1301   1302   1303   1304   1305   1306   1307   1308   1309   1310   1311   1312   1313   >>   >|  
Washington, DC 20008 telephone: [1] (202) 483-4224 through 4227 FAX: [1] (202)483-3169 Diplomatic representation from the US: chief of mission: Ambassador Bernadette M. ALLEN embassy: Rue Des Ambassades, Niamey mailing address: B. P. 11201, Niamey telephone: [227] 20-72-26-61 thru 64 FAX: [227] 20-73-31-67 Flag description: three equal horizontal bands of orange (top), white, and green with a small orange disk (representing the sun) centered in the white band; similar to the flag of India, which has a blue spoked wheel centered in the white band Economy Niger Economy - overview: Niger is one of the poorest countries in the world, ranking near last on the United Nations Development Fund index of human development. It is a landlocked, Sub-Saharan nation, whose economy centers on subsistence crops, livestock, and some of the world's largest uranium deposits. Drought cycles, desertification, and a 2.9% population growth rate, have undercut the economy. Niger shares a common currency, the CFA franc, and a common central bank, the Central Bank of West African States (BCEAO), with seven other members of the West African Monetary Union. In December 2000, Niger qualified for enhanced debt relief under the International Monetary Fund program for Highly Indebted Poor Countries (HIPC) and concluded an agreement with the Fund on a Poverty Reduction and Growth Facility (PRGF). Debt relief provided under the enhanced HIPC initiative significantly reduces Niger's annual debt service obligations, freeing funds for expenditures on basic health care, primary education, HIV/AIDS prevention, rural infrastructure, and other programs geared at poverty reduction. In December 2005, Niger received 100% multilateral debt relief from the IMF, which translates into the forgiveness of approximately US $86 million in debts to the IMF, excluding the remaining assistance under HIPC. Nearly half of the government's budget is derived from foreign donor resources. Future growth may be sustained by exploitation of oil, gold, coal, and other mineral resources. Uranium prices have increased sharply in the last few years. A drought and locust infestation in 2005 led to food shortages for as many as 2.5 million Nigeriens. GDP (purchasing power parity): $8.859 billion (2007 est.) GDP (official exchange rate): $4.174 billion (2007 est.) GDP - real growth rate: 3.2% (2007 est.) GDP - per capita (PPP):
PREV.   NEXT  
|<   1264   1265   1266   1267   1268   1269   1270   1271   1272   1273   1274   1275   1276   1277   1278   1279   1280   1281   1282   1283   1284   1285   1286   1287   1288  
1289   1290   1291   1292   1293   1294   1295   1296   1297   1298   1299   1300   1301   1302   1303   1304   1305   1306   1307   1308   1309   1310   1311   1312   1313   >>   >|  



Top keywords:
growth
 

relief

 

resources

 

centered

 

enhanced

 

December

 

economy

 

common

 

orange

 
million

African

 

Monetary

 

Economy

 

Niamey

 

billion

 

telephone

 
exchange
 

expenditures

 
official
 

health


primary
 

infrastructure

 

programs

 
geared
 
prevention
 
freeing
 

education

 

significantly

 

Reduction

 

Growth


capita

 
Poverty
 

concluded

 

agreement

 
Facility
 

reduces

 
annual
 

service

 

initiative

 

provided


obligations

 
reduction
 

locust

 

infestation

 

drought

 

Future

 

budget

 
derived
 

foreign

 

sustained